Four Corners Property Trust Inc expected to post earnings of 27 cents a share - Earnings Preview

Four Corners Property Trust

29/04/2024 21:23

* Four Corners Property Trust Inc  FCPT.N   FCPT.K  is
expected
to show a rise in quarterly revenue when it reports  results on
May 1 for the period ending March 31 2024
    * The Mill Valley California-based  company is expected to
report
a 6.8% increase in revenue to $64.032 million from $59.95
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Four Corners Property
Trust
Inc is for earnings of 27 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Four
Corners
Property Trust Inc is $25.50​, above​ its last closing price
of $23.44. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.41        0.41       0.43      Beat    4
 Sep. 30 2023  0.42        0.42       0.42      Met     1.2
 Jan. 1 0001   0.41        0.41       0.42      Beat    1.4​
 Mar. 31 2023  0.40        0.41       0.41      Met     0.8
 ​​Dec.        0.41        0.41       0.41      Met     -0.3
 31 2022                                                
 Sep. 30 2022  0.41        0.41       0.40      Missed  -2.5​
 Jun. 30 2022  0.40        0.40       0.41      Beat    1.4
 Jan. 1 0001   0.40        0.40       0.41      Beat    2.9
 This summary was machine generated April 29 at 20:23 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)